? -- MACROECONOMIC EVIDENCE: RELATIVE RATES OF INVESTMENT IN FIXED CAPITAL AND R&D -- SUMMARY AND CONCLUSION -- 2 Explaining Time … Capital -- Financial Markets and Technology Investments -- Investment Hurdle Rates and Technology Investments -- DETERMINANTS … OF COMPANY INVESTMENT TIME HORIZONS -- SUMMARY AND CONCLUSION -- 3 Company Time Horizons and Technology Investments: The …

This paper proposes a theory for the gradual evolution of knowledge diffusion and growth over the very long run. A … Great Divergence, the failure of less developed countries to attract capital from abroad, and a productivity slowdown in … ; Endogenous Growth ; Knowledge Diffusion ; Productivity Slowdown ; Convergence ; Divergence …

This paper proposes a theory for the gradual evolution of knowledge diffusion and growth over the very long run. A … Great Divergence, the failure of less developed countries to attract capital from abroad, and a productivity slowdown in … ; endogenous growth ; knowledge diffusion ; productivity slowdown ; convergence ; divergence …

This paper proposes a theory for the evolution of knowledge diffusion and growth over the very long run. A feedback … mechanism between capital accumulation and knowledge spillovers creates a unified growth theory that explains a long epoch of … explain the Great Divergence, the failure of less developed countries to attract capital from abroad, the productivity …